Which of the Following Best Describes ERP Systems

question 20

Multiple Choice

Which of the following best describes ERP systems?

• A) popular recruiting systems that help maximize diversity in the workplace
• B) comprehensive systems for identifying and measuring changes in productivity
• C) software information systems that integrate all aspects of business, helping managers stay on top of the latest developments
• D) training systems for employees that allow self-discovery and correction of weaknesses
• E) control systems in which managers are made aware of all deviations from standards

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Definitions:

Rescission

The act of canceling or invalidating a contract, returning all parties to their state prior to the contract.

Award

A formal acknowledgment, often involving a monetary gift, given in recognition of an achievement or as a decision in arbitration and legal matters.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, causing another to enter into a contract.

Rescission

The revocation, cancellation, or repeal of a contract, returning the parties to the positions they occupied before the contract was made.